Highlights
ASX: DNK       DANAKALI LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.65   -0.04 (5.80%)  0.64 - 0.69  51,253

Overview

 
Avg Volume (4 weeks):72,418
4 Weeks Range:0.60 - 0.715
4 Weeks Price Volatility (%):
43.48%
52 Weeks Range:0.36 - 0.85
52 Weeks Price Volatility (%):
59.18%
Average Price Target: 0.64
Price Target Upside/Downside: -0.01

Headlines

Date Subject
06-Feb-2017 Danakali appoints Robert Connochie to the board
30-Nov-2016 Danakali Ltd's chairman acquires one million shares
23-Aug-2016 Danakali Ltd notes new substantial holder JPMorgan Chase

Business Background

Danakali Limited is engaged in advancing the Colluli Potash Project in Eritrea, East Africa. The Company operates through the exploration of minerals in Eritrea segment. The Company's Colluli Potash Project is located in the Danakil region of Eritrea, East Africa. Colluli Potash Project is located approximately 177 kilometers southeast of the capital, Asmara and 180 kilometers from the port of Massawa. The project is a joint venture between Eritrean National Mining Corporation (ENAMCO) and the Company. The Danakil region is a potash province. The Colluli resource comprises three potassium-bearing salts in solid form: sylvinite, carnallitite and kainitite. The potassium bearing salts produce range of potash types, including muriate of potash (MOP), sulfate of potash (SOP), and sulfate of potash magnesia (SOPM). The Company also offers Industrial Rock Salt. SOP and SOPM are low chloride fertilizer applied primarily on a range of crops, including leafy plants.

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